Main Plaza Conservancy

Nonprofit profile at a glance

EIN
261300277
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
San Antonio, TX, USA
Phone
2102259800
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Housing Rehabilitation

Reported finances

Revenue
$1,779,131
Expenses
$501,238
Assets
$2,256,769
Liabilities
$39,791

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • MOLLY E HALL-HARVEY (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MOLLY E HALL-HARVEY (EXECUTIVE DIRECTOR): $72,517 total reported compensation
  • ELOISE CORTEZ-LARA (DEVELOPMENT DIRECTOR): $39,998 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Main plaza conservancy, a 501(c)3 nonprofit organization, is dedicated to providing san antonio and its visitors with the cultural and historical "heart of the city; bringing awareness of family and community combined with history and heritage.

What it reported doing in 2024

Main plaza conservancy (mpc) sponsors and hosts various outdoor events at the main plaza. These events are designed to attract residents, tourists, and visitors to the plaza and surrounding downtown area. The conservancy specializes in free events that help make main plaza accessible to everyone regardless of income status. Fiscal year 2025 at main plaza saw unique and free events such as the saga: san antonio which is a video and audio art projection on the facade of the san fernando cathedral. This program runs 6 nights per week with two showings. Mpc also hosts weekly lunchtime music programming, a local small business market on the second saturday of every month, and a monthly free yoga class at dusk. Mpc also hosts pop up events such as mariposas on the plaza celebrating the cultural heritage of dia de los muertos, and buena noche which is a christmas tree lighting ceremony and holiday market with performances by opera san antonio, the youth orchestras of san antonio, and the children's chorus of san antonio.

Operating model

Revenue model
Donor-supported. 83% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 79
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 24.7%; rating input score 25
  • Program expense ratio: 87.6%; rating input score 88
  • Fundraising efficiency: $90.23 raised per $1 spent on fundraising; rating input score 85; 85th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 71.8%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 4.5; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 22.4%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 0.1% per year; rating input score 100; 18th percentile among comparable filings
  • Revenue growth: 2.7% per year; rating input score 100; 29th percentile among comparable filings
  • Asset growth: 0.3% per year; rating input score 100; 19th percentile among comparable filings

Details

  • Where the money goes: 24.7% of revenue deployed · 87.6% of spending went to programs
  • Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $439K in reported program spending
  • Leadership: top reported pay $73K · 15 people listed
  • Highest-paid contractors: 1 contractor listed · $116K reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 25/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.